Is Saint Peters Township, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Saint Peters Township has remained a Seller's Market.
Key Takeaway
Saint Peters Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Saint Peters Township, MO
How much do homes in Saint Peters Township, MO cost?
Median Sold Price
$310,000
$153/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Saint Peters Township have sold for 8.8% more than they did a year ago.
Summary: The median home sold price in Saint Peters Township was $310,000 in March 2024, up 8.8% from last year, and the median price per square foot was $153.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $165K | - | N/A |
| 2 Bedrooms | $190K | $215K | +13.2% |
| 3 Bedrooms | $285K | $305K | +7.0% |
| 4 Bedrooms | $315K | $341K | +8.3% |
| 5+ Bedrooms | $358.5K | $360.7K | +0.6% |
Summary: Saint Peters Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 13.2%, 3 bedroom homes increased by 7%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes increased by 0.6%.
Median Sold Price Compared To Nearby Cities
| Saint Peters Township | $285K | $310K | +8.8% |
| Saint Peters | $279.9K | $296.1K | +5.8% |
| Cottleville Township | $369.2K | $390K | +5.6% |
| Harvester Township | $314.1K | $330K | +5.0% |
| Spencer Creek Township | $270K | $280.6K | +4.0% |
Housing Supply in Saint Peters Township, MO
How many homes are available in Saint Peters Township, MO?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 33 | 38 | +15.2% |
Summary: The Saint Peters Township real estate market had 38 homes for sale in March 2024, a 15.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 1 | -80.0% |
| 3 Bedrooms | 21 | 25 | +19.0% |
| 4 Bedrooms | 5 | 9 | +80.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Saint Peters Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 80%, 3 bedroom homes increased by 19%, 4 bedroom homes increased by 80%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 17 | 13 | -23.5% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Saint Peters Township, you could pay more than the asking price. 61.5% of homes here sold above asking price last month.
Summary: A total of 13 homes were sold or pending in Saint Peters Township in March 2024, down by 23.5% month-over-month. Of the 13 sold homes, 23% were sold under asking, 15% were sold at asking, and 62% were sold over asking.
Days on Market for Saint Peters Township, MO
How long does it take to sell a home in Saint Peters Township, MO?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 13 Days | 20 Days | +54.2% |
Summary: Homes in Saint Peters Township had an average of 20 days on market in Mar 2024, up by 54.2% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Saint Peters Township are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 13 homes were sold in Saint Peters Township; 77% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.